Historic Preservation Tax Credit Workshop to Be Held in Beaufort

RALEIGH, NC March 19, 2013 – Historic properties listed in the National Register of Historic Places are recognized for their significance individually or as part of a National Register Historic district. Rehabilitation tax credits can be an invaluable aid for rehabilitation of a listed property. The State Historic Preservation Office (HPO) will lead a rehabilitation tax credit workshop with an emphasis on National Register of Historic Places requirements on April 2 at 6 p.m. at the Beaufort Train Depot, at 614 Broad Street.

Duncan House, in the Beaufort Historic District, is benefiting from rehabilitation tax credits.

The free workshop is part of the Beaufort Historic Preservation Commission’s Historic District Seminars. Rehabilitation of listed properties can allow for contemporary use that preserves significant cultural, historic and architectural features and recognizes the significance to community history.

Federal and state credits can combine for a 40 percent credit for income-producing properties. The state provides a 30 percent credit for non-income producing properties. Since 1976 more than 2,000 completed “certified rehabilitation” projects have been reviewed by HPO, representing more than $1 billion in investment in historic properties.

All of this activity has facilitated job creation, downtown and neighborhood revitalization, improved community appearance and community pride. Many cities see historic preservation as smart growth and smart investment.

Contact Town Planner Kyle Garner (252) 728-2141 for more information on this workshop. Contact the State Historic Preservation Office at (919) 807-6570 for more information on preservation services offered.

The State Historic Preservation Office is within the Office of Archives and History in the N.C. Department of Cultural Resources.